Don’t Let the Emotions of Bankruptcy Hold You Back

Filing for bankruptcy can be one of the smartest and most effective ways to resolve your financial difficulties, but many people postpone filing because of how they feel about bankruptcy. All too often, the emotions of bankruptcy get in the way and people miss out on an opportunity to get their financial situation under control.

There’s no denying bankruptcy is stressful.

Deciding to file is a major decision and feeling as though bankruptcy is your only option can leave you feeling less than happy. The important thing to remember is that despite your difficult financial situation, bankruptcy is a tool that can help you get back on track. Putting your emotions aside is worth it because in the long run, your financial outlook will improve.

How can you prevent the emotional side of bankruptcy from holding you back?

Face Your Feelings

You can’t completely remove the emotional side of bankruptcy, so your only choice is to face it and move forward. It’s common for people experience serious financial challenges to feel anger, sadness, guilt, shame, and a variety of other emotions.

Accept how you feel, forgive yourself for any mistakes you’ve made, and begin thinking about how you can solve the problems. It’s OK to feel upset about your situation, but it’s not OK to avoid solving the problem because of how you feel.

Share Your Feelings with Someone Who Understands

You might have friends and family members who understand your situation or who have been there themselves. It can help to talk to someone like this and learn that you aren’t the first person to feel overwhelmed or upset by your finances.

Try to put aside your concerns about being judged. The people who truly care about you want you to get help and resolve your situation. They aren’t interested in attacking you or judging you, they want to help you.

If you don’t feel comfortable speaking to someone you know personally about your finances and concerns about filing for bankruptcy, consider speaking to a counselor or sharing your fears with your bankruptcy attorney.

The goal is to gain some perspective on your situation and realize you aren’t the first person to encounter serious financial distress. A bankruptcy attorney has seen it all and can help you cope with your emotions and prevent them from impeding the solution.

Bankruptcy is a Choice – And Often, It’s the Best Choice

If your financial struggles have been ongoing for some time and you regularly feel overwhelmed and desperate, there’s a good chance bankruptcy is your best bet for resolving the situation.

Too many people consider bankruptcy a last resort or giving up.

This is far from the truth!

Bankruptcy is a tool that can help you get things back on track. It offers a clean slate that makes it possible to move forward. Filing for bankruptcy can help you protect your assets and take control of your situation.

If you’d like to know more about bankruptcy or you are concerned your feelings about filing for bankruptcy are costing you a great opportunity, we can help. Contact the Law Office of Robert M. Geller at 813.254.5696 to schedule a consultation.

Satellite Office

At the Tampa Bay law firm, the Law Offices of Robert M. Geller, P.A., we help people with consumer bankruptcy matters in the Tampa Bay-St. Petersburg, Florida communities such as Clearwater, St. Petersburg, Tampa, Thonotosassa, Riverview, Lutz, Plant City, Brandon, Carrollwood, Wesley Chapel, St. Petersburg Beach, Lakeland, Mulberry, Dade City, Pinellas Park, Largo, Seminole, Odessa, Oldsmar and Lithia, and counties such as Hillsborough County, Pinellas County, Pasco County, Polk County and Manatee County.